OCAC raises alarms about ‘unfair’ HSD import, ‘hefty’ discounts by private OMC

The Oil Companies Advisory Council (OCAC) has called on the Oil & Gas Regulatory Authority (OGRA) to investigate unjustified high-speed diesel (HSD) imports by a private Oil Marketing Company (OMC) and to scrutinize how the company can offer oil at discount rates beyond its margin. In a letter dated August 1, 2024, addressed to Masroor […]

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